Meritage Homes MTH Homebuilding — Cost of Product and Service Sold

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Questions, answered.

What is Meritage Homes's homebuilding — cost of product and service sold?

Meritage Homes (MTH) reported homebuilding — cost of product and service sold of $923.65M in Q1 2026.

How has Meritage Homes's homebuilding — cost of product and service sold changed year-over-year?

Meritage Homes's homebuilding — cost of product and service sold decreased by 12.8% year-over-year, from $1.06B to $923.65M.

What is the long-term trend for Meritage Homes's homebuilding — cost of product and service sold?

Over 4 years (2021 to 2025), Meritage Homes's homebuilding — cost of product and service sold has grown at a 6.1% compound annual growth rate (CAGR), from $3.7B to $4.69B.

What does homebuilding — cost of product and service sold mean?

This metric captures the direct costs associated with the construction and delivery of homes, including materials, labor, and direct overhead. It is a critical component in calculating the segment's gross margin and overall production efficiency. Monitoring this helps investors understand the impact of supply chain and labor cost fluctuations on the bottom line.